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Old Mutual PLC News

Old Mutual posts below-expected 9 pct drop in H1 operating profit
11 Aug 2016

Old Mutual posts below-expected 9 pct drop in H1 operating profit

LONDON, Aug 11 (Reuters) - Anglo-South African financial services firm Old Mutual posted a 9 percent drop in first-half operating profit to 709 millio...

Thursday preview: Old Mutual reports first half results
10 Aug 2016

Thursday preview: Old Mutual reports first half results

(ShareCast News) - Old Mutual reports its first half results on Thursday with the focus on any updates on plans to carve up the business. The group is...

Old Mutual to sell Italy business to Ergo Italia for €278m
9 Aug 2016

Old Mutual to sell Italy business to Ergo Italia for €278m

(ShareCast News) - Investment bank Old Mutual is to sell its Old Mutual Wealth Italy subsidiary to insurance company Ergo Italia, which is owned by pr...

Friday broker round-up
5 Aug 2016

Friday broker round-up

(ShareCast News) - Pets at Home: HSBC reiterates buy with a target price of 295p. BT: UBS maintains neutral with a 425p target. Aviva: Exane BNP Pari...

UPDATE 1-Cinven swoops on Old Mutual's Italian unit in $335 mln takeover - source
1 Aug 2016

UPDATE 1-Cinven swoops on Old Mutual's Italian unit in $335 mln takeover - source

(Adds details on company break-up) By Pamela Barbaglia LONDON, Aug 1 (Reuters) - European private equity fund Cinven is about to start exclusive talks...

Cinven swoops on Old Mutual's Italian unit in $335 mln takeover - source
1 Aug 2016

Cinven swoops on Old Mutual's Italian unit in $335 mln takeover - source

By Pamela Barbaglia LONDON, Aug 1 (Reuters) - European private equity fund Cinven is about to start exclusive talks to buy the Italian wealth arm of f...